Over 100 new UK sanctions on Russia raise compliance pressure, demanding faster AML updates, sharper monitoring, and proactive regulatory readiness. … Read More
Blog
What Europol’s Serious and Organised Crime Threat Assessment (SOCTA) means for AML compliance teams
Europol’s SOCTA report reveals rising organised crime threats. AML teams must adapt risk assessments, enhance due diligence, and use tech to combat evolving financial crime. … Read More
Building an AML solution in-house: What it takes and the compliance challenges that follow
Building an in-house AML solution offers control and customisation but brings complex compliance challenges, technical demands, and ongoing regulatory risks. Weigh the benefits against costs, expertise, and long-term viability. … Read More
Build vs buy for AML software: Which offers the best fit for compliance?
Buying an AML solution ensures faster deployment, lower risk, and continuous compliance updates, making it the smarter choice for most firms over costly, resource-intensive in-house development. … Read More
How to get remote identity verification right: A game plan for seamless customer onboarding and AML compliance
Remote verification is key to seamless onboarding and AML compliance. Firms must balance security, compliance, and user experience with tech, fraud detection, and ongoing monitoring to meet regulatory standards and prevent financial crime. … Read More
How poor ID&V processes fail customers – and your business
Efficient ID&V processes are essential for trust, compliance, and customer satisfaction. Outdated methods cause delays, errors, and customer drop-offs, leading to revenue losses. Automated verification tools enhance accuracy, streamline onboarding, and improve compliance while delivering a seamless customer experience. … Read More
Why traditional customer ID verification is broken and how it’s costing your business
Customer identity verification (ID&V) is crucial for compliance and fraud prevention, yet outdated processes drive customer abandonment, rising costs, and fraud risks. Embracing streamlined digital tools improves security, compliance, and user experience. … Read More
Remote director verification for KYB: What compliance teams need to know
Director verification is crucial for Know Your Business (KYB) compliance. Remote verification tools improve accuracy, prevent fraud, and streamline the process, helping firms meet regulatory requirements and reduce financial crime risks. … Read More
Modern tools and strategies helping companies identify UBOs in complex corporate structures
Identifying Ultimate Beneficial Owners (UBOs) is challenging due to complex corporate structures. Modern tools like RegTech, global databases, and automated mapping help firms meet regulatory requirements and reduce financial crime risks. … Read More
The top 10 indicators of potential hidden ownership and how to address them
Hidden ownership structures pose compliance risks; identifying red flags like complex structures, false documents, and offshore ties ensures regulatory adherence. … Read More